If the FHA were a private company, it would clearly be shut down by now.Â Or, more likely, be preparing for a government bailout. From the AP: Audit questions FHA's ability to screen lenders By ALAN ZIBEL (AP) â€“ 59 minutes ago WASHINGTON â€” The government's mortgage insurance agency is doing a poor job of screening lenders that enter the program, an internal audit has found. The audit was completed last month by the Department of Housing and Urban Development's inspector general

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